12-Unit Multifamily
3126 E Victory Rd. - 12 Units Nampa, ID 83687
3126 E Victory Rd. - 12 Units, Nampa, ID, 83687
$3,975,503
For Sale
$3,975,503
MULTI_FAMILY - Nampa, ID
Property Size14,760 SF
Lot Size14.16 Acres
Price / SF$269.34
Days on Market345
Property Features for 3126 E Victory Rd. - 12 Units
General Information
- Property type
- Residential Multi Family
- Property subtype
- Apartment
- Property condition
- Under Construction
- Parking
- 578
- Appliances
- Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer (All Units)
- Standard status
- Active
- APN
- R3174700000
- Size
- 14,760 SF
- Lot size
- 14.16 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- 24-3N-2W SW TX 21293 IN W1/2 SWSW LS RD
- Tax Annual Amount
- 23720
Utilities
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 2026
- Number of units
- 12
- Flooring type
- Laminate
- Building materials
- Frame, Vinyl Siding
Listing Agency
KW Commercial
(208) 475-1313
1065 S Allante Pl, Boise, ID
Listed by
Tricia Callies · License #AB18477
(208) 412-4771
Added: Aug 8, 2025 Checked: Jul 18 at 11:06 am
MLS# 98957516
Listing URL
Copyright © 2026 Intermountain Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering is for a new 12-unit multifamily building within a larger apartment complex. The project is planned to begin construction in April 2026, and the marketing materials note that photos are from a similar property built by the same builder. This unit mix is available in two of the three phases of the overall development.
The community will be located at the intersection of Victory and Kings Roads in Nampa, Idaho, with the broader complex described as including a sports complex, a pool, and a clubhouse. The development is structured as multiple buildings, with a total of three buildings featuring this unit mix. In addition to this configuration, the overall project includes eleven 24-plexes.
For buyers evaluating the development, this package provides a specific building within the phased rollout of the 300-unit community. Phase One is noted as including 120 units and is currently under construction. Buyers seeking exposure to a larger, planned apartment project may find this 12-unit building portion useful as part of a broader acquisition strategy aligned with the stated construction schedule and project phasing.
The community will be located at the intersection of Victory and Kings Roads in Nampa, Idaho, with the broader complex described as including a sports complex, a pool, and a clubhouse. The development is structured as multiple buildings, with a total of three buildings featuring this unit mix. In addition to this configuration, the overall project includes eleven 24-plexes.
For buyers evaluating the development, this package provides a specific building within the phased rollout of the 300-unit community. Phase One is noted as including 120 units and is currently under construction. Buyers seeking exposure to a larger, planned apartment project may find this 12-unit building portion useful as part of a broader acquisition strategy aligned with the stated construction schedule and project phasing.
Key Highlights
- 12‑unit apartment building under construction with Year Built 2026
- Construction can begin in April 2026
- Part of a larger 300‑unit apartment complex located at the intersection of Victory and Kings Roads
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $279.8k | $18.96 |
| − Vacancy | −$15.4k | −$1.04 |
| EGI | $264.5k | $17.92 |
| − OpEx | −$119.0k | −$8.06 |
| NOI | $145.5k | $9.85 |
14,760 SF · lease $18.96/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.08M
$1.82M – $2.42M
NOI $145,452 @ 7.0% cap · market cap 3.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.73M
$3.27M – $4.36M
NOI $261,358 @ 7.0% cap · market cap 6.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - New 12-unit building within a larger 300-unit apartment complex slated for construction start in April 2026.
Where is this apartment building located?
The property is located at 3126 E Victory Rd. - 12 Units Nampa, ID.
What is the asking price?
The asking price for this property is $3,975,503.
What are key features of this property?
This property features: 12‑unit apartment building under construction with Year Built 2026; Construction can begin in April 2026; Part of a larger 300‑unit apartment complex located at the intersection of Victory and Kings Roads
